When talking about gambling in Asia, the first place that usually springs to mind is Macau – also dubbed the Monte Carlo of the Orient – and it is with good reason. Often regarded as the gambling capital of the world, taxes from its casinos make up over 80 percent of the government’s revenue.
Education technology (edtech) is fast growing in Southeast Asia thanks to its learner-centric platform which breaks down geographical barriers such as access to infrastructure like schools and even transport.
We spend up to one-third of our lives sleeping, a basic human need which is crucial to our overall health and well-being. For most adults, getting seven to eight hours of sleep every night might be the most important thing they can do for their physical and mental health.
A recent study has painted a worrying picture of women’s safety in ASEAN, placing Indonesia as the second most dangerous country for women in the Asia Pacific region after India, and the Philippines as the third most dangerous.
Air travel across Southeast Asia is growing by around 10 percent a year, with Cambodia, Lao PDR, Myanmar, Thailand and the Philippines all experiencing double-digit expansion rates according to research firm Centre for Asia Pacific Aviation (CAPA).
Rio Tuba, located in the Municipality of Bataraza on the island of Palawan in the Philippines is a predominantly mountainous region with roads riddled with potholes making it almost inaccessible especially during bad weather conditions.
Tourism is a powerful tool for development. It represents 10 percent of the world’s gross domestic product (GDP) and provides 10 percent of jobs globally. The sector is also interlinked with every other sector in the economy.
One of the biggest beneficiaries of the growing digital economy in Southeast Asia is the gaming industry. Sea – formerly Garena – became the first Southeast Asian tech company to be listed on the New York Stock Exchange in 2017. Sea is a gaming company but has also ventured into e-commerce and e-payments recently.
India is hoping that better connectivity will help boost trade ties with ASEAN and decrease its trade deficit with the 10-member bloc.
ASEAN is India’s second largest trading partner after China and total bilateral trade between ASEAN and India reached US$81.3 billion last year – an increase of more than 28 times the US$2.9 billion recorded in 1993.
Southeast Asia is a region that’s vast developing. It has evolved from an agricultural society to one of the fastest growing regions in the world within the span of a century. One of the main drivers of such growth was due to Southeast Asia’s position as a low-manufacturing hub. This combined with cheap exports, provided the region with the necessary income to develop.